Shops for Rent on Fook Yum Road, Hong Kong

Why rent a shop on Fook Yum Road, Causeway Bay, Hong Kong?

Renting a shop on Fook Yum Road in Hong Kong offers a strategic business opportunity due to its prime location in the bustling Fortress Hill area of the Eastern District. This road is home to notable commercial spaces like the Fu Lee Loy Shopping Centre, attracting consistent foot traffic from local residents and commuters. Its proximity to major MTR stations like Fortress Hill and North Point enhances accessibility, making it an ideal spot for retail businesses aiming to tap into a vibrant and diverse customer base. Additionally, the mix of residential and commercial properties nearby ensures a steady flow of potential customers throughout the day. Choosing a shop on Fook Yum Road means benefiting from a well-connected urban environment that supports business growth and visibility, making it a smart investment for entrepreneurs looking to establish a presence in one of Hong Kong’s active districts.

How much does it cost to rent a shop on Fook Yum Road, Causeway Bay, Hong Kong?

The cost to rent a shop on Fook Yum Road in Causeway Bay, Hong Kong varies significantly depending on the shop size, location along the street, and current market conditions. As of 2024, retail rental prices on Fook Yum Road typically range from HKD 80 to HKD 200 per square foot per month, with prime ground floor locations commanding the highest rates. Smaller shops of 200-500 square feet may cost between HKD 16,000 to HKD 100,000 monthly, while larger retail spaces can exceed HKD 200,000 per month. Causeway Bay remains one of Hong Kong's most expensive retail districts, and Fook Yum Road's proximity to major shopping areas like Times Square and Sogo department store makes it particularly sought-after for retail businesses. Factors affecting rental costs include street-level visibility, foot traffic, proximity to MTR stations, and the overall economic climate. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and security deposits equivalent to 2-3 months rent when calculating the total cost of renting a shop on Fook Yum Road.

What's the foot traffic like on Fook Yum Road, Causeway Bay, Hong Kong?

Fook Yum Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. As a connecting street in one of Hong Kong's busiest shopping districts, Fook Yum Road sees consistent pedestrian flow from shoppers traveling between Times Square, SOGO department store, and other major Causeway Bay attractions. The foot traffic tends to be heaviest during lunch hours from 12-2 PM when office workers frequent the area's dining options, and again during evening hours from 6-9 PM when residents and visitors explore the vibrant nightlife and restaurant scene. Weekends typically bring increased pedestrian activity as families and tourists visit Causeway Bay for shopping and entertainment, making Fook Yum Road a bustling thoroughfare that reflects the dynamic urban energy characteristic of this popular Hong Kong district.